$2,000,000
Community
South U Real Estate
London South, Middlesex
138Active
253Sold
150Leased
1Buildings
South U Market
Updated Aug 22, 2026
Condos
Median sale price
$525K
Median PSF (est.)▲ 2.0%
$343/sqft
Price trend
Sold last 90 days
9
Active listings
33
Months of inventory
11.0
Avg days on market
52
Sale-to-list ratio
98.19%
Absorption rate
9.1%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 47.06% · End-user: 52.94% (from 9 sales, 8 leases)
Price reductions (90d)
Price-reduction rate: 33.33%
Avg reduction: $54,556 (6.42%)
Monthly reduction trend
2024-10: 20.0% (5 listings) · avg $20,000
2024-11: 33.3% (3 listings) · avg $70,000
2024-12: 33.3% (3 listings) · avg $30,000
2025-01: 16.7% (6 listings) · avg $40,000
2025-04: 0.0% (3 listings)
2025-09: 33.3% (3 listings) · avg $34,501
2025-12: 33.3% (3 listings) · avg $25,100
2026-05: 40.0% (5 listings) · avg $25,000
2026-06: 25.0% (4 listings) · avg $74,458
Re-entries (past 12 months)
Re-entries: 1 of 48 sold · rate 2.08%
Avg price change: +$81,000 (+27.00%)
Median PSF (est.) vs parent area
Median PSF: $343 — +6.27% vs municipality avg ($323)[premium]
Supply vs demand by unit type (90d)
Sample: 33 active listings · 9 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 3 active / 1 sold · mismatch -2.02%
3br: 30 active / 8 sold · mismatch +2.02%
Concession pattern by unit type (90d)
2br (10 sales) — 80.00% closed with concessions, avg 3.70% below ask
3br (38 sales) — 76.32% closed with concessions, avg 3.68% below ask
Seasonality (annual pattern)
Historically strongest months: Feb, Apr, Nov
Historically weakest months: Jul, Jan, May
Annual averages: DOM 44.3d · sale-to-list 98.19% (n=48)
Monthly detail
Jan · 6 sales · DOM 56.3d · STL 97.48%
Feb · 1 sales · DOM 14.0d · STL 96.14%
Apr · 4 sales · DOM 23.5d · STL 97.95%
May · 7 sales · DOM 60.1d · STL 101.36%
Jun · 4 sales · DOM 52.8d · STL 100.13%
Jul · 2 sales · DOM 56.0d · STL 102.82%
Aug · 6 sales · DOM 54.3d · STL 96.68%
Sep · 4 sales · DOM 39.3d · STL 100.40%
Oct · 5 sales · DOM 30.0d · STL 96.72%
Nov · 3 sales · DOM 28.0d · STL 92.89%
Dec · 6 sales · DOM 36.7d · STL 96.78%
Homes
Median sale price
$698K
Median PSF (est.)▼ 10.2%
$333/sqft
Price trend
Sold last 90 days
24
Active listings
93
Months of inventory
13.3
Avg days on market
52
Sale-to-list ratio
97.94%
Absorption rate
7.5%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 41.46% · End-user: 58.54% (from 24 sales, 17 leases)
Price reductions (90d)
Price-reduction rate: 29.17%
Avg reduction: $53,114 (7.26%)
Monthly reduction trend
2024-08: 11.1% (9 listings) · avg $50,000
2024-09: 0.0% (7 listings)
2024-10: 0.0% (7 listings)
2024-11: 14.3% (7 listings) · avg $50,100
2024-12: 22.2% (9 listings) · avg $50,000
2025-01: 14.3% (7 listings) · avg $20,000
2025-03: 25.0% (4 listings) · avg $40,000
2025-04: 33.3% (3 listings) · avg $25,900
2025-05: 14.3% (7 listings) · avg $12,000
2025-06: 12.5% (8 listings) · avg $20,000
2025-07: 12.5% (8 listings) · avg $20,000
2025-08: 25.0% (4 listings) · avg $30,900
2026-02: 33.3% (3 listings) · avg $40,100
2026-03: 0.0% (3 listings)
2026-04: 16.7% (6 listings) · avg $20,000
2026-05: 13.3% (15 listings) · avg $90,450
2026-06: 18.2% (11 listings) · avg $35,000
2026-07: 50.0% (4 listings) · avg $35,000
2026-08: 20.0% (5 listings) · avg $50,900
Re-entries (past 12 months)
Re-entries: 1 of 131 sold · rate 0.76%
Avg price change: +$0 (+0.00%)
Median PSF (est.) vs parent area
Median PSF: $333 — -11.67% vs municipality avg ($377)[discount]
Seasonality (annual pattern)
Historically strongest months: Sep, Jan, Oct
Historically weakest months: Aug, Feb, Mar
Annual averages: DOM 38.1d · sale-to-list 97.94% (n=131)
Monthly detail
Jan · 7 sales · DOM 24.1d · STL 98.31%
Feb · 5 sales · DOM 47.2d · STL 97.03%
Mar · 7 sales · DOM 77.3d · STL 96.35%
Apr · 9 sales · DOM 42.8d · STL 97.99%
May · 22 sales · DOM 36.7d · STL 98.86%
Jun · 19 sales · DOM 36.6d · STL 97.79%
Jul · 12 sales · DOM 33.5d · STL 97.39%
Aug · 18 sales · DOM 45.2d · STL 97.13%
Sep · 7 sales · DOM 22.0d · STL 98.85%
Oct · 7 sales · DOM 25.0d · STL 98.93%
Nov · 8 sales · DOM 35.1d · STL 98.11%
Dec · 10 sales · DOM 32.7d · STL 98.09%
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About South U Real Estate
Explore 138 active listings in South U, located in London South. Browse 1 condo building, compare 122 properties for sale and 16 for lease, and find your next home with detailed market data and price estimates.
South U has seen 403 completed transactions recently, with 253 sold and 150 leased properties providing rich comparable data for accurate valuations.























